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Turkey Introduces Rules for the Notification of Transactions to Trade Repositories
Turkey’s Capital Markets Board recently announced new rules for Trade Repositories, including new obligations, activity principles, as well as new rules for membership,... [Read More]
Turkey’s Capital Markets Boards Amends Disclosure Rules for Material Events
Turkey’s Capital Markets Board has amended its rules for material events to address needs which have arisen in practice. Notably, the obligation to... [Read More]
Turkey Revises Restrictions on Foreign Currency Agreements
Turkey has announced new rules for its recent restrictions on foreign currency agreements, as well as extended the scope of certain exemptions (more).... [Read More]
Turkey Consults on Proposed Amendments for Geographical Indications and Patents
The Turkish Patent and Trademark Office (“TPTO”) has announced proposed amendments to Industrial Property Law Number 6769 (“IP Law”) and sent these to... [Read More]
European Court of Justice: Nestlé Failed to Sufficiently Prove Acquired Distinctiveness for KitKat’s 3D EUIPO Trademark Registration
The European Court of Justice (“ECJ”) has considered the European Union Intellectual Property Office’s (“EUIPO”) decision about a request to invalidate a 3D... [Read More]
Turkey Consults on Proposed Details for Online Broadcasting Regime
Turkey’s Radio and Television Supreme Council (“RTSC”) and Information and Communication Technologies Authority (“ICTA”) have jointly published proposed rules for online broadcasting, providing... [Read More]
US Food and Drug Administration Issues New Biosimilars Action Plan
The US Food and Drug Administration issued a new Biosimilars Action Plan in July 2018 (“Plan”). The Plan’s main goals are to promote... [Read More]
Turkey Updates Electricity License Application Rules
Turkey has amended the application processes for pre-licenses and licenses within the electricity licensing regime. Accordingly, joint-stock companies which apply for such licenses... [Read More]
Turkey’s Ministry of Customs and Trade Organizes Training Courses and Seminars to Support Protection of Intellectual Property Rights at Customs Points
Turkey’s Ministry of Customs and Trade (“Ministry”) has continued to organize training courses and seminars in 2018, addressing intellectual property rights at customs... [Read More]
Turkish Court of Appeals: Arbitral Awards Based on Arbitration Agreements Entered before 1 October 2011 Cannot be Appealed to the Court of Appeals
The Civil Procedures Law number 6100 (“CPL”) entered into effect on 1 October 2011. Turkey’s Court of Appeals recently ruled that arbitral awards... [Read More]
Turkey Increases Deferment Interest Rates and Default Interest for Public Receivables
Turkey’s Ministry of Finance and Treasury has increased the deferment interest rate which is applied to deferred public receivables from 12% to 22%.... [Read More]
Turkey Revises Accounting Principles on Mergers of Establishments Subject to Joint Control
Turkey has revised accounting principles for mergers of establishments which are subject to joint control, eliminating uncertainty about this issue and ensuring consistency... [Read More]
